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Tag: Nile Delta

Dana Gas 2015 net profit up by 15%, receivables and production from Egypt decline

Posted: February 15, 2016 at 11:29 am   /   Oil & Gas

Net profit $144 million (AED528 million) despite lower oil prices Cash and bank balance at $470 million (AED1.7 billion) at year-end 2015 Increase in oil and gas reserves and decline in Egypt receivables Total assets up by 8%; positive outcomes in arbitration cases Dana Gas PJSC, the Middle East’s leading publicly listed natural gas company, […]

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Infographic: Eni's activities in Egypt

Posted: February 10, 2016 at 1:40 pm   /   Oil & Gas

Eni has been present in the country since 1954 and today is the leading international hydrocarbons operator. Click here to view the fully interactive infographic of Eni’s operations in Egypt. (Source: Eni S.p.A.)

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Thomas Radwitz new General Manager of DEA Egypt

Posted: February 1, 2016 at 1:59 pm   /   Oil & Gas

As of February 1st, Dr Thomas Radwitz has been appointed General Manager of the Egyptian subsidiary of DEA Deutsche Erdoel AG. Egypt is one of the core countries for the German upstream company. Dr Thomas Radwitz, who is well experienced in Egypt‘s and the North African upstream industry, succeeds Dr Hans-Hermann Ecke, who has been […]

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EGAS to hold international tender for 11 oil and gas blocks

Posted: January 18, 2016 at 2:57 pm   /   Oil & Gas

Egypt will hold an international tender for 11 oil and natural gas exploration blocks in the Mediterranean sea and Nile Delta during the second half of fiscal year 2015-2016, Khaled Abdel Badie, head of state-owned EGAS said in a statement on Sunday. Egypt, which used to be a net energy exporter, has turned into a […]

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“Nessun Dorma”  By Marco Alfieri (from Eniday.com)

Posted: November 7, 2015 at 8:22 pm   /   Oil & Gas

“Nessun Dorma” By Marco Alfieri on October 5, 2015 Republished from Eniday.com (an Eni.com project) under Creative Commons License (CC BY-NC-SA 3.0 IT) Like all great exploration discoveries also the Zohr discovery is full of surprises, the unexpected, intuitions, mistakes, skill, enthusiasm, and ups and downs in which the human element is as crucial as […]

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Eni starts new production from "near field" discoveries in the Nile Delta and the Western Desert

Posted: October 30, 2015 at 3:04 pm   /   Oil & Gas

Eni announces the success of the Nidoco North West 3 well drilling in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, which is estimated to contain about 15 billion standard cubic meters of gas. Eni announces the success of the “Nidoco North West 3” well drilling, appraisal of […]

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Eni announces details of North El Hammad and North Ras El Esh exploration license awards

Posted: October 12, 2015 at 3:21 pm   /   Oil & Gas

These two new concession agreements follow the recent award of the deep water Karawan and North Leil blocks, strengthening Eni’s presence in Egypt, a country of historic and strategic importance for the Company, and further relaunching its exploration activities after the recent and important successes of Nidoco NW and Zohr. Eni has been awarded with […]

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Eni's CEO and Egyptian MOP sign update to Head of Agreement signed last March

Posted: July 24, 2015 at 7:12 pm   /   Oil & Gas

Eni’s CEO Claudio Descalzi and the Egyptian Minister of Petroleum Sherif Ismail sign an update to the Head of Agreement signed last March in Sharm el-Sheikh. The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, and Eni’s CEO, Claudio Descalzi, in the presence of the Prime Minister of Egypt, Ibrahim Mahlab, and the Italian […]

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Eni: important gas discovery in the Egyptian Nile Delta

Posted: July 20, 2015 at 7:41 pm   /   Oil & Gas

This discovery is the result of the new Eni’s strategy to re-focus its activity on near field and incremental exploration opportunities with high potential value, which allow in case of success their quick exploitation through the already existing and synergic nearby infrastructures. Eni has made an important gas discovery in the Nooros exploration prospect, located […]

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Dana Gas commences drilling campaign in Egypt

Posted: June 9, 2015 at 9:24 pm   /   Oil & Gas

Dana Gas confirmed that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 and targets the Qawasim formation at a depth of 3200 m. A slanted and fully cored pilot hole will be […]

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